A demolished pub’s site in West Bromwich has been sold to a developer planning a retail unit and 60 new-build apartments, thanks to commercial property agency Bond Wolfe.
Contracts have now been exchanged for the £1,070,000 sale of the land where the former Star & Garter used to sit at 252 Duchess Parade on the High Street.
The property was sold to an undisclosed buyer who intends to use the existing planning consent to build the commercial unit and apartments.
The imminent development follows recent conversion projects on the High Street including the former West Bromwich Building Society building, Parham House and Metro Court.
James Mattin, managing director agency at Bond Wolfe, said: “We are delighted to have sold this former pub site for residential development.
“I am really pleased that this will enable the next step of the ongoing transformation of West Bromwich High Street.
“Demand for consented development sites like this remains robust despite the challenging economic climate.”
Clark Brookes Turner Cary Solicitors of West Bromwich acted for the buyer and Spencer West Solicitors of London advised the seller.
Anyone with similar properties to sell can contact Mr Mattin on 0121 525 0600 or 0121 524 1172, or email him at jmattin@bondwolfe.com.